Raquel N. is a high-school teacher. She is married and has two school-age children. Raquel is requesting a loan for construction work in her house.
She would like to purchase construction materials such as sand, cement, concrete blocks, and ceramics. The prior loans from Ceprodel have been a great help, and little by little have allowed Raquel to build her own home.
La Sra. Raquel N. es maestra de secundaria, es casada, tiene dos niños menores los dos en edad escolar, el dinero lo solicita para construcción de su casa compra de materiales como arena, cemento, bloque, hierro y cerámica y si los crédito que ha tenido con Ceprodel le han ayudado mucho ya que ha podido lograr poco a poco la construcción de su vivienda.
This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.